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OMI IE USD Balanced

The Skandia USD Balanced Fund IRL invests in a well diversified, medium risk portfolio with a long term asset allocation of global equities and global fixed interest securities. The precise split will vary with market movements, but will be strictly controlled within closely defined ranges. The global equity component comprises predominantly of European equities, balanced by weightings to the US, UK and Pacific Basin. Similarly the global fixed interest component is biased towards European assets together with a weighting overseas.The fund is denominated in one currency but may hold assets which are priced in other currencies. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations.